a. Is Google generating positive cash flow from its operations? b. How much did Google invest...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
a. Is Google generating positive cash flow from its operations? b. How much did Google invest in new capital expenditures over the period? c. Describe Google's sources of financing in the financial markets over the period? d. Based solely on the cash flow statements for 2011 through 2014, write a brief narrative that describes the major activities of Google's management team over the period. A (US$ millions) Net income B Depreciation Amortization Deferred taxes B D E 12/31/2014 12/31/2013 12/31/2012 12/31/2011 $14,432 $12,903 $10,785 $9,758 3524 2780 1994 1376 1472 1159 907 480 (125) (483) (235) 386 5 Noncash items 2687 2215 2272 2004 7 Changes in working capital 3 Cash from operating activities Capital expenditures 373 (36) 915 689 $22,363 $18,538 $16,638 $14,693 $(10,977) $(7,312) $(3,229) $(3,457) 0 Other investing cash flow items (10,088) (6,357) (9,760) (15,620) 1 Cash from investing activities $(21,065) $(13,669) $(12,989) $(19,077) 2 Interest and financing cash flow items $(1,425) $(290) $(108) $86 3 Total cash dividends paid 0 0 0 0 4 Issuance (retirement) of stock 1 0 0 0 5 Issuance (retirement) of debt (22) (569) 1322 758 6 Cash from financing activities 7 Foreign exchange effects 8 Net change in cash $(1,446) $(859) $1,214 $844 $(434) $(3) $5 $24 $(582) $4,007 $4,868 $(3,516) a. Is Google generating positive cash flow from its operations? b. How much did Google invest in new capital expenditures over the period? c. Describe Google's sources of financing in the financial markets over the period? d. Based solely on the cash flow statements for 2011 through 2014, write a brief narrative that describes the major activities of Google's management team over the period. A (US$ millions) Net income B Depreciation Amortization Deferred taxes B D E 12/31/2014 12/31/2013 12/31/2012 12/31/2011 $14,432 $12,903 $10,785 $9,758 3524 2780 1994 1376 1472 1159 907 480 (125) (483) (235) 386 5 Noncash items 2687 2215 2272 2004 7 Changes in working capital 3 Cash from operating activities Capital expenditures 373 (36) 915 689 $22,363 $18,538 $16,638 $14,693 $(10,977) $(7,312) $(3,229) $(3,457) 0 Other investing cash flow items (10,088) (6,357) (9,760) (15,620) 1 Cash from investing activities $(21,065) $(13,669) $(12,989) $(19,077) 2 Interest and financing cash flow items $(1,425) $(290) $(108) $86 3 Total cash dividends paid 0 0 0 0 4 Issuance (retirement) of stock 1 0 0 0 5 Issuance (retirement) of debt (22) (569) 1322 758 6 Cash from financing activities 7 Foreign exchange effects 8 Net change in cash $(1,446) $(859) $1,214 $844 $(434) $(3) $5 $24 $(582) $4,007 $4,868 $(3,516)
Expert Answer:
Answer rating: 100% (QA)
ANSWER a Is Google generating positive cash flow from its operations To determine if Google is generating positive cash flow from its operations we lo... View the full answer
Related Book For
Financial Management Principles and Applications
ISBN: 978-0134417219
13th edition
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
Posted Date:
Students also viewed these finance questions
-
The cash flow statements for retailing giant Big-Box, Inc., spanning the period 2013-2016 are as follows: Answer the following questions using the information found in these statements: a. Does...
-
Goggle, Inc. is an Internet firm that has experienced a period of very rapid growth in revenues over the period 20072010. The cash flow statements for Goggle, Inc. spanning the period are as follows:...
-
Fletcher Fabrication, Inc., produces three products by a joint production process. Raw materials are put into production in Department X, and at the end of processing in this department, three...
-
What are some common separately stated items, and why must they be separately stated to the partners?
-
Internet sites that enable people to post their resumes online reduce the costs of job searches. How do you think the Internet has affected the natural rate of unemployment?
-
The point at which solid, liquid, and gas phases co-exist is known as the (a) Freezing point (b) Triple point (c) Boiling point (d) None of these.
-
The following scenario describes PPC, a small plastics producer with $250 million in revenue and approximately 300 employees. PPC is a public company that first became listed three years ago. It has...
-
Explain the concept of strategic HRM. (1.2) Explain the meaning of strategic HRM Discuss the benefits of strategic HRM.
-
Newlyweds Jamie Lee and Ross have had several milestones in the past year. They are newly married, recently purchased their first home, and now have twins on the way! Jamie Lee and Ross have to...
-
We used the formula for the diffraction limit of an optical system as: 0 3D1.22, where 2 is the wavelength of the electromagnetic radiation, and D is the diameter of the primary lens. Explain the...
-
David is a South African photographer who has worked for numerous media outlets over the past two decades as a freelancer. Recently, he was hired on a contract basis to cover the upcoming national...
-
What Money Can't Buy , Sandel elaborates on a number of examples where market logic and moral reasoning do not seem to align: tradeable procreation permits, purchasable pollution credits, the right...
-
What individual rights are provided for in the body of the original Constitution (that is, not in one of the Amendments)? DO YOU AGREE OR DISGREE WITH THIS ANSWER? EXPLAIN WHY? An individual right...
-
I WILL NEED SOME HELP WITH THE FOLLOWING PLS: 1.WHAT ARE THE FOUNDATION PRINCIPLES ON WHICH AUSTRALIAN LEGISLATION, REGULATIONS AND STATUTES ARE BASED? 2. PROVIDE 3 REASONS WHY IT IS NECESSARY FOR...
-
You are a lawyer or paralegal in a firm that represents Veterans in front of the Board of Veterans Appeals (BVA). You just got a new client, Ed, who fought in the Vietnam War. At the time, he applied...
-
aFind the highest and lowest expected return by calculating the expected returns of the five stocks bWould GM Auto offer a higher or lower expected return if the interest rate is 4 cWould Shell...
-
What are the principal alloying elements in SAE 4340 steel?
-
What is the "behavioral view" of market efficiency?
-
What is the rationale for using the MIRR as opposed to the IRR decision criterion? Describe the fundamental shortcoming of the MIRR method.
-
Describe net operating working capital, and explain how changes in this quantity affect an investment proposal's cash flows.
-
Ronald Ondeyko, CPA, is considering the LaSalle Company's internal controls over investments, long-term debt, and capital stock. System documentation was accomplished with a questionnaire and a...
-
Following are errors, frauds, or other circumstances that an auditor might encounter as a result of applying audit tests to long-term debt as of the balance sheet date: a. Detailed long-term debt...
-
Following are errors, frauds, or other circumstances that an auditor might encounter as a result of applying audit tests to capital stock as of December 31, the balance sheet date: a. Shareholders'...
Study smarter with the SolutionInn App